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Author Topic: where is all the money?  (Read 1098 times)
hominin (OP)
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April 16, 2013, 03:27:06 AM
 #1

another question to speculate about (i'm genuinely curious about this); just got up and bitcoins are down again, commodities are down, equities are down - does anyone have an educated perspective on where all the money is going?
Bit_Happy
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April 16, 2013, 03:31:44 AM
 #2

According to historical facts:



I'm afraid inflation will hit soon enough. Not sure where it is stashed today.

relmeas
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April 16, 2013, 04:46:21 AM
 #3

to pay unemployed people, cheap medicine, cheap credits, etc etc etc
welfare in other words. one they use to win votes in elections.
hominin (OP)
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April 16, 2013, 05:48:13 AM
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to pay unemployed people, cheap medicine, cheap credits, etc etc etc
welfare in other words. one they use to win votes in elections.

i'm specifically inquiring into where 'people' are keeping their money
Lethn
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April 16, 2013, 08:56:13 AM
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to pay unemployed people, cheap medicine, cheap credits, etc etc etc
welfare in other words. one they use to win votes in elections.

i'm specifically inquiring into where 'people' are keeping their money

Bitcoins, Gold/Silver Wink at least that's where the intelligent and knowledgable ones are putting it.
relmeas
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April 16, 2013, 09:02:55 AM
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And what will happen with gold, etc when people run out of money and to cover expenses go sell their gold etc?

I think exactly what happens to bitcoin and gold right now...
ex-trader
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April 16, 2013, 09:32:07 AM
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There's a differerence between where people chose to allocate wealth and where it is actually created and destroyed.

When stocks or gold or property goes up there is no extra dollars printed, just a theoretical increase in the value of those assets. When they go down the money doesn't 'go' anywhere it has just disappeared from existence.
JordanL
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April 16, 2013, 09:34:12 AM
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to pay unemployed people, cheap medicine, cheap credits, etc etc etc
welfare in other words. one they use to win votes in elections.

hahahaha turn of the teevee and pick up a text book.    Grin
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